The Fallout from the Financial Crisis (2): External Debt Sustainability Should More Be Done for the Poor?

Annalisa Prizon
Authors registered in the RePEc Author Service: Annalisa Prizzon

No 84, OECD Development Centre Policy Insights from OECD, Development Centre

Abstract: Since the credit crisis first erupted, relatively little attention has been given to the consequences of the financial crisis on low-income countries’ indebtedness. Although in recent years developing countries as a group have benefited from increasing private flows (particularly FDI and remittances), many low-income countries are still heavily dependent on external official aid and debt flows.

New Economics Papers: this item is included in nep-afr and nep-ara
Date: 2008-12

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Persistent link: http://EconPapers.repec.org/RePEc:oec:devaac:84-en

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